ACI Worldwide (ACIW) and Kinexys by JP Morgan (JPM) said Friday they integrated a payee verification application into a financial crime protection platform.

Financial details weren't provided.

The combined software incorporates account authentication directly into transaction processing channels to help commercial banks lower scam risks, as some immediate transactions cannot be reversed once finalized, requiring preemptive screening, the companies said.

The partnership provides financial institutions with standardized security controls to navigate changing regulatory requirements, they said.